Cornerstone Research, a top consulting and expert testimony firm, recently issued its annual report analyzing securities class action settlements. Cornerstone reports that, in 2024, both total settlement dollars and the median settlement amount declined from 2023, though they remained at high levels compared to the past decade. Cornerstone is changing the way it measures alleged damages in its settlement reports from “simplified tiered damages” to “plaintiff-style damages.”
Source: Securities Class Action Settlement Trends: Smaller Sizes and Smaller Players, According to Cornerstone Research